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College and University Discussion
Reply to "Do families with $250K in income get financial aid? If not, how do they afford college?"
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[quote=Anonymous][quote=Anonymous]It's actually closer to $100,000 per year at some privates. Times two kids in most families. So, $800,000. It's ridiculous. What we told our kids is you have duel citizenship with Canada. So there's that option. You are a resident of this state and we can swing the cost of the flagship. And if you don't like those options, here's a list of the schools that meet all financial need. Go for it. The catch is that all the schools that will meet all financial need are the extremely selective high endowment schools like Princeton, Rice, Yale, Amherst, Duke, Bowdoin, Stanford etc. Most of these schools are offering aid to families even with $250k in annual income. You just need to get in. Otherwise, it's merit at lower ranked schools. Or hello State U. We are at 250k; received no FA because of our significant assets. It’s all about the assets. [/quote][/quote]
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